Triumph in black for 2015, posts £2.3 million profit

Triumph Motorcycles, based in Hinckley, UK, posted a £2.3 million (RM14.7 million) profit for its financial year ending June 30, 2015, a turn-around from its £8.0 million (RM51.2 million) pre-tax loss the year before.

While turnover dropped slighty, from £364.4 million (RM2.3 billion) to £341.3 million (RM2.1 billion), profitability was driven by launch of the new Tiger 800 dual-purpose, and a final hurrah from four special edition Bonnevilles that ushered out Triumph’s era of air-cooled motorcycles.

Triumph continued to develop its global presence throughout 2015, expanding current dealer and distributor networks, as well as aggressively moving into markets like India and Brazil. Triumph also established sales and distribution operations in Thailand in April, increasing its presence in South-east Asia.

For 2016, Triumph’s range includes the new Street Twin, and the Speed Triple and Triple S. Also in the line-up are the T120 Bonneville, the Thruxton and the top-of-the-line Thruxton R.

Coming with diverse and extensive experience in heavy engineering, Mohan enjoys making anything with wheels go fast, especially motorcycles. His weapon of choice is the Desmoquattro engine, and he has a penchant for anything with a dash of Italian design. Strangely enough, he insists he's a slow rider.

You can either post as a guest or have an option to register. Among the advantages of registering is once a name has been registered, a guest cannot post using that name. If you have an account, please login before commenting. If you wish to have a profile photo next to your name, register at Gravatar using the same e-mail address you use to comment.